Rating : ★ ★ ★ ★ ☆

Sundaram Corporate Bond Fund Direct Plan Monthly Payout Inc Dist cum Cap Wdrl Option

Debt

  

Corporate Bond Fund

NAV

15.1 +0.0024

(as on 17 May, 2021)

RETURNS

9.02 %

Fund Type

Open Ended

Investment Plan

Dividend Payout

Expense Ratio

0%

Asset Size

1034.15 Cr.

(As of 30 Apr, 2021)

Benchmark

CRISIL AAA Medium Term Bond Index PR INR

Riskometer

Investors understand that their principal will be at Moderate Risk.

Objective

To generate income and capital appreciation by investing predominantly in AA+ and above rated corporate bonds

app screenshotapp screenshot

Google play store download image Apple app store download image

Fund manager

Dwijendra Srivastava

Exit load

N / A

Minimum sip

₹250

Minimum investment

₹5000

Top Holdings

This fund is been allocated in various sectors including some of the prominent ones that are widely accepted and are creating a value of trust.

Company

Assets

Housing Development Finance Corporation Limited

5.28%

8.42% TN SDL 2023

5.20%

National Bank For Agriculture and Rural Development

4.99%

Hindustan Petroleum Corporation Limited

4.84%

Sector Allocation

About the Scheme Type

Corporate Bond Funds invest into fixed income instruments, such as, bonds, commercial papers, debentures and structured obligations, issued by companies. Given that corporate bond funds ensure capital protection, they’re considered less risky. These are a good choice for investors looking for a fix but higher income from a reliable investment avenue. The usual investment horizon is 1 – 4 years and since these funds invest in the bonds of medium to long tenure, it should be looked as a long term investment option.

Ratings

This fund is rated 4 stars by Morning Star Ratings.

★ ★ ★ ★ ☆

Overview of Sundaram Asset Management Company Ltd

-